Ryecroft Glenton Corporate Finance is one of North East’s leading Corporate Finance advisory firms and delivers exceptional financial and strategic advice which helps businesses adapt to change and exploit opportunities to innovate.
Maxim Facilities Management has worked with the Newcastle-headquartered Corporate Finance advisory firm on several projects over the last decade, during which time Maxim has gone from being a £4m turnover company to having a turnover of more than £10m and employing over 1,100 staff across the UK.
The businesses’ relationship began when Ryecroft Glenton Corporate Finance helped Maxim secure the first of three capital investments from regional fund management firm NEL Fund Managers, each of which has been used to support the implementation of different phases of Maxim’s growth strategy.
Led by Partner and head of Corporate Finance, Carl Swansbury, the Ryecroft Glenton Corporate Finance team also helped to devise and implement the structures, processes and procedures that have underpinned Maxim’s evolution over the last ten years, as well as supporting Maxim’s acquisition of a number of rival firms across the UK, including introducing the business to potential acquisition targets.
Carl Swansbury says: “Maxim FM’s management team has always had very clear growth objectives in mind and has been able to adapt in response to both the opportunities and challenges that have come their way without losing their overall focus.
“It was important to put scalable foundations in place at the beginning of Maxim’s growth journey that could serve them well as the business developed, in terms of management structures, operational processes and skilled human resources, and to identify the milestones along the way that would indicate the business was making the desired progress.
“All this has combined to give the business the confidence required to invest in its growth strategies at crucial times in its evolution and to attract outside investment when it was required.
“Maxim has delivered very impressive growth over the last decade, but there is still a great deal of growth potential in the business that we hope to be part of realising in the future.” Graham Conway, founder and managing director at Maxim FM, adds: “Carl and his team at RGCF have been in our corner during many key moments in Maxim’s development, and their insight and expertise has played a significant role in the progress that we’ve made over the last decade.”